Thomson Reuters Corp Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates
Thomson Reuters Corp announced that for fiscal 2013, it expects revenues to grow low single digits. The Company reported revenue of $12.899 billion in fiscal 2012. The guidance is based on expectations including adjustments for two new accounting pronouncements as well as the reclassification of certain businesses into disposals. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $13.169 billion for fiscal 2013.
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